#borouge

Abu Dhabi, UAE – ROX Motor, a global luxury new energy vehicle (NEV) company committed to becoming the leading NEV brand for outdoor lifestyle enthusiasts worldwide by 2030, has signed a strategic collaboration agreement with Borouge, a leading petrochemicals company providing innovative and differentiated polyolefins solutions, to advance sustainable mobility based on advanced polyolefin…

Build reliable piping systems with Borouge HE3490-LS HDPE Pipe!

Viztaar Polymer Marketplace offers Borouge HE3490-LS, a high-density polyethylene (HDPE) pipe grade known for its exceptional performance:

Durable & Strong: Delivers superior strength and impact resistance for long-lasting pipelines.

Low MFI (0.25): This Melt Flow Index ensures optimal processing characteristics and pipe quality.

LS (Linear Stress-Cracked Resistant): Offers enhanced resistance to environmental stress cracking for dependable performance.

Ideal for: Pressure pipes, potable water pipes, gas distribution lines, and more!

Benefits of Buying from Viztaar:

Competitive pricing

Secure B2B platform

Streamlined buying process

Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, will pay an interim dividend of $325 million to its shareholders after the company posted a strong profit in the first half of the year on the back of higher revenue.

The total interim dividend payment, amounting to 3.97 fils per share for the year 2022, was approved during the company’s general assembly meeting, the company said in a statement on Friday to the Abu Dhabi Securities Exchange, where its shares are traded. This is the first payment of the expected total dividend of $975m for the full year.

“Borouge reported strong maiden half-year results with double-digit growth in revenue, significant sales volume growth and strong cash flow generation,” said Hazeem Al Suwaidi, chief executive of Borouge.

“We are optimistic regarding the future growth of the company and we will continue to focus on executing our strategy built around our differentiated products and innovative solutions that have a positive impact on society.”

Adanis commits $75 million in Borouge’s $2-billion IPO, says report

The Adani family has committed $75 million towards the $2-billion initial public offering of Borouge, set to be the biggest ever listing in the emirate. Seven cornerstone investors have agreed to subscribe for $570 million worth of shares in the IPO, including the Adani family, Abu Dhabi wealth fund ADQ, which will buy shares worth $120 million, and Alpha Dhabi Holding, which has committed $100…

Borouge, Utico partner on longest water transmission pipeline

Borouge has partnered with Utico FZC, a water management and treatment solutions provider in carrying out the largest (polyethylene) PE100 water transmission pipeline project in the Gulf Cooperation Council (GCC). The highlight of the joint project was made as part of Borouge’s participation at Big 5, the international building and construction tradeshow, being held in Dubai from 26-29 November 2017.

Borouge provided Utico, the largest private utility company in the region, with a group of its creative polyethylene solutions to make pipes for the company’s water transmission pipeline project connecting four emirates Ras Al Khaimah, Um Al Quwain, Ajman and Sharjah.

The 55km pipeline, which ranges in size from 1,200mm to1,400mm diameter, has a peak capacity of 50MIGD and will eventually serve up to 900,000 people.

Utico chose Borouge’s BorSafe HE3490-LS and HE3490-LS-H grades for the production of their pipeline, which is both the longest and largest diameter PE100 water transmission pipeline in the region.

Borouge’s PP-R, PE-RT, PE100 and PP-B grades

Borouge demonstrated its Borstar RA140E which is an innovative PP-R grade, together with its new generation PE-RT grade Borstar HE3466RT, both for the hot and cold water market, alongside its established BorSafe and BorECO BA212E PP-B raw materials used in manufacturing indoor drainage pipelines. Being non-metallic, these corrosion-resistant materials are used to make plastic pipes that are rapidly replacing metal ones in buildings throughout Europe, Asia and the Middle East, providing long maintenance-free operation.